Provides students a firm foundation in traditional game theory and mechanism design. Game theory is the language of mathematizing interactions between individual decision-makers, but it can also be used to mathematize decisions more abstractly, like how to most efficiently route (internet) network traffic or maximize information diffused over a (social) network. Computation is a powerful tool in the hands of a game theorist, as they can model strategic decision-making, its effect on system indicators like profit/loss/information flow/etc, and can constructively engineer and test changes to the system meant to improve performance. Students discuss limitations to design, in particular, due to computational complexity.
ECON 777
Game Theory and Mechanism Design
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